But have you ever thought about how financially literate you might seem to banks and financial institutions? When was the last time you checked your credit report?

June is Credit Awareness Month

SingSaver.com.sg is partnering with Credit Bureau Singapore (CBS) to give you the financial equivalent of getting a medical check-up. For the whole month of June, CBS supports SingSaver.com.sg users in facilitating the redemption of their credit reports for FREE.

While Singaporeans understand the basics of money management, many fail to check a critical indicator of financial health: your credit score.

The better your credit score, the lower risk you will be considered by lenders, and the more likely they will accept your applications for mortgages and other forms of credit. However, if you have a low credit score, your application has a high chance of getting rejected.

Before you apply for a loan or credit card, it’s a good idea to check your credit score. If you don’t, and your application gets rejected – which then prompts you to make several other applications – this can have a further negative impact on your score.

Normally, checking your credit report at the CBS is priced at S$6.42 (inclusive of GST). But for the whole month of June, SingSaver.com.sg lets you access your credit report for FREE.

How to Get Your Free Credit Report

Step 1: Sign Up to Get Your Free Voucher

Register for the campaign here

Register for the campaign here to claim the voucher for your free credit report. Ensure that you use your full legal name – the same one that is in the CBS’s database.

Step 5: Enter the Voucher Code

Step 6: View Your Credit Report

Take a look at your whole credit report

Now you can view your credit report and evaluate your financial health.

Credit Awareness Education

Besides giving you free access to your credit report, we are also publishing a series of articles to help you understand the meaning of your credit score, what might have caused it, and how to improve your credit health.

““I used to be scared of credit cards, but SingSaver.com.sg made me realise that I don’t have to worry about debt if I pay my bill on time each month. I found and applied for a cashback card easily on their website. Love it.””